Omega Healthcare Investors, Inc. (OHI) - What Are Researchers Thinking About This Stock?

Key Points

• Analyst sentiment is mixed: Fifteen analysts have a consensus “Hold” rating on Omega Healthcare Investors, with six buys, seven holds and two sells. The average 12-month price target is $49.71.
• Institutional ownership is substantial: Institutional investors own 65.25% of OHI, with BlackRock and Bank of New York Mellon among investors that recently established large positions.
• Strong results and higher dividend: The REIT exceeded quarterly earnings and revenue estimates, with revenue up 16.2% year over year. Its quarterly dividend increased to $0.68 per share, implying a 6.1% annualized yield.

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Get Free Report) have received a consensus recommendation of "Hold" from the fifteen analysts that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $49.71.

A number of research firms have recently weighed in on OHI. Weiss Ratings reissued a "buy (b+)" rating on shares of Omega Healthcare Investors in a research note on Friday, September 25th. Citigroup raised their price target on Omega Healthcare Investors from $52.00 to $58.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Cantor Fitzgerald lifted their price target on Omega Healthcare Investors from $52.00 to $56.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Mizuho boosted their price objective on Omega Healthcare Investors from $45.00 to $46.00 and gave the company a "neutral" rating in a research report on Monday, August 31st. Finally, Raymond James Financial reissued an "outperform" rating and set a $53.00 price objective on shares of Omega Healthcare Investors in a research note on Tuesday.

Institutional Investors Weigh In On Omega Healthcare Investors

Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Omega Healthcare Investors in the second quarter worth $1,838,155,000. Bank of New York Mellon Corp bought a new stake in Omega Healthcare Investors in the second quarter valued at $275,230,000. Dimensional Fund Advisors LP increased its position in Omega Healthcare Investors by 2.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,423,120 shares of the real estate investment trust's stock valued at $193,824,000 after purchasing an additional 108,736 shares during the period. Bank of America Corp DE increased its position in Omega Healthcare Investors by 3.6% during the 1st quarter. Bank of America Corp DE now owns 3,794,730 shares of the real estate investment trust's stock valued at $166,285,000 after purchasing an additional 131,000 shares during the period. Finally, Centersquare Investment Management LLC raised its holdings in Omega Healthcare Investors by 1.4% in the 4th quarter. Centersquare Investment Management LLC now owns 3,347,215 shares of the real estate investment trust's stock worth $148,416,000 after purchasing an additional 47,020 shares in the last quarter. Institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Up 0.6%

Shares of NYSE:OHI opened at $44.39 on Friday. The stock has a market cap of $13.45 billion, a PE ratio of 15.86, a PEG ratio of 1.78 and a beta of 0.53. The company's fifty day moving average is $46.58 and its 200 day moving average is $46.88. Omega Healthcare Investors has a 52 week low of $39.26 and a 52 week high of $52.39.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.68. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The business had revenue of $328.25 million during the quarter, compared to the consensus estimate of $266.97 million. During the same period in the previous year, the firm posted $0.77 earnings per share. The firm's revenue for the quarter was up 16.2% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Sell-side analysts anticipate that Omega Healthcare Investors will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a dividend of $0.68 per share. The ex-dividend date was Monday, August 3rd. This represents a $2.72 dividend on an annualized basis and a yield of 6.1%. This is an increase from Omega Healthcare Investors's previous quarterly dividend of $0.67. Omega Healthcare Investors's dividend payout ratio (DPR) is currently 97.14%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) focused on healthcare facilities, with an emphasis on skilled nursing and assisted living properties. The company owns or invests in healthcare real estate and leases its properties to operators that provide care and related services to residents.

Omega generally uses long-term, predominantly triple-net lease arrangements, under which tenants are responsible for many property-level expenses, including maintenance, insurance and taxes.

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